Settings8H · net · $10k
Funding arb · Price arb /

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against Variational Omni+0.046%7-day average +0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.204%+$20 on $10k
Price spread, last 7 days−0.033%−$3 · spread now +0.046%, 7d avg +0.059%
Together, before fees+0.171%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AERO0.69030.0100pay 0.0050% / 4h2h 17m$1.9M$1.7M
ShortHyperliquid AERO0.69060.0100get 0.0013% / 1h17m 38s$23.2M$5.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.046% → +0.059%
−$1.25
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$10.25
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago5.80 bpdoesn't fit33.3 bp −$333doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago1.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUAL−0.0040%1h0.6896−0.103%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6902−0.016%$4$209K5.5xas long as short
Hyperliquid AEROshort+0.0100%1h0.6906+0.046%$23.2M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6900−0.041%$39K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6905+0.030%$25.6M$25.7M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6904+0.013%$22.0M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6904+0.013%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6901−0.031%$1.6M$563K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6903−0.002%$8.2M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6900−0.045%$2.2M$839K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6900−0.045%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6900−0.045%$1.8Mas long as short
Variational Omni AEROlong+0.0100%4h0.6903long leg$1.9M$1.7M
Extended AERO-USD+0.0104%1h0.6904+0.019%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6893−0.152%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6894−0.132%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0304%1h0.6913+0.137%$187$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6894−0.132%$910K$691K25xas long as short
Backpack AERO_USDC_PERP+0.0480%1h0.6907+0.061%$102K$313K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0229%1h0.6893−0.146%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6912+0.124%$227K$376K3xas long as short
Lighter AERO+0.0896%1h0.6921+0.255%$1.3M$495K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6895−0.118%$92K$23K25xas long as short